News and Views: AP, CEB, COAT

AP
Price = 31.75,  PE(TTM) = 12.77, ROE (TTM) = 21.66
The National Irrigation Administration gave the go signal to Aboitiz Power AP) to perform the feasibility study for the expansion of  Magat hydroelectric power plant in Isabela.

This is just one of the project being pursued by AP as a response to the fast growing demand of our country. As I have said in my previous post, "Christmas Sale at PSE", AP stock price is still expected to go up in the next 2-3years. My valuation for the said stocks is at Php48-55.

Christmas Sale at PSE

It's 16 days before the end of 2010 and so I have started balancing my assets and portfolio. I have realized that I have surplus cash in my trading account (thanks to the bull run last Oct) and so I'm planning to pull it out and put it in my Bond Funds by mid January next year. I normally check stock price every end of the day and when I check last night, I found that there are some stocks which can be a potential investment and so I decided to postpone my exercise schedule today to observe the market and buy if opportunity comes....it did and a lot....and so I made my own version of Christmas shopping...